Implement Triple Farming Incentives to the BANK/ADA pool

1.1 Please describe your project. What is it doing to improve Cardano?

$BANK is a next-gen token with future projects in mind, such as NFT “Parking Passes”, which provides passive income utility, a DAO project, and an online Monopoly-like board game.

Our roadmap is listed on our website.

1.2 What does the Token do? How many holders does it currently have?

$BANK token can be used to access holder pass, future NFT Mints, future gamification, and potential whitelist opportunities. It currently has 6,683 holders.

1.3. Why do you want a MIN Farm? How does the Minswap community benefit from offering a MIN Farm for your Token? Apart from the MIN Farm, will you add your own Token as incentives as well (Double Farm) If yes, how much?

The primary purpose of establishing a Triple Farm on Minswap is to encourage our community to contribute significant liquidity for the native BANK token. To achieve this, we will offer rewards in the form of BANK in addition to the regular MIN farm (MIN + ADA) for any user who participates during the specified period.

A total of 12’500’000’000 BANK (0.5% of supply) will be distributed to the BANK/ADA farm, with the incentives being spread out over a period of 12 months.

1.4. How much circulating supply is there of your token? Please inform us briefly on your tokenomics, including the distribution and vesting schedule of the token (investors, team, yield farming, etc.)

$BANK has a supply of 2.5Trillion with a circulating supply of 2.41T (96.3%).

Tokenomics:

Pre-sale distribution: 50%
Dex Liquidity Deposit: 40%
Development: 4%
Marketing: 4%
Community Chest: 2%

1.5. Is your Project audited? By whom?
No audit was created for $BANK.

Should $BANK have a MIN Farm?
  • Yes, in favor
  • No, do not add this Farm

0 voters

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